VOL. XXXVII
NO. 19
7-FEBRUARY-1994
Financial and Banking News
Investment Flows
Kuwait To Pay DM280Mn As Part Of Metallgesellschaft Rescue
The Kuwait Investment Authority (KIA) is to contribute DM280mn ($160mn) tothe DM1,400mn ($800mn) capital increase being arranged for Metallgesellschaft,following its losses on the energy derivative markets. Kuwait's stake in thecompany will probably be diluted to around 15% from 20%. The total rescuepackage being put together for the company includes a conversion...
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